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About

Scale your DApp to Polkadot with Acala, an Ethereum-compatible smart contract platform optimized for DeFi. Acala is the decentralized finance network and liquidity hub of Polkadot. It’s a layer-1 smart contract platform that’s scalable, Ethereum-compatible, and optimized for DeFi with built-in liquidity and ready-made financial applications. With its trustless exchange, decentralized stablecoin (aUSD), DOT Liquid Staking (LDOT), and EVM+, Acala lets developers access the best of Ethereum and the full power of substrate. Access DOT-based assets and derivatives, Polkadot-native decentralized stablecoin, Polkadot ecosystem assets, and cross-chain assets from Bitcoin, Ethereum and beyond. Acala’s chain is customized for DeFi and can continue to upgrade without forks to integrate new features requested from developers. For example, on-chain ‘keepers’ automate protocol execution to better manage risks and improve user experience, or transaction fees payable with virtually any token.

About

THORChain is a decentralized cross-chain liquidity protocol based on Tendermint & Cosmos-SDK and utilizing Threshold Signature Schemes (TSS). It does not peg or wrap assets, it simply determines how to move them in response to user-actions. THORChain observes incoming user deposits to vaults, executes business logic (swap, add/remove liquidity), and processes outbound transactions. THORChain is primarily a leaderless vault manager, ensuring that every stage of the process is byzantine-fault-tolerant. THORChain's primary objective is to be resistant to centralization and capture whilst facilitating cross-chain liquidity. THORChain only secures the assets in its vaults, and has economic guarantees that those assets are safe.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Crypto users, investors and traders looking for a decentralized finance network and liquidity hub of Polkadot

Audience

Anyone seeking for a Blockchain solution

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Hands down the easiest way to make swaps between tokens/cryptos from one chain to another. Plus you can place your crypto into savers vaults and earn yield that is generated by swap fees onchain. It is decentralized and thorwallet is noncustodial. Meaning you maintain control of you private keys. There are automated market makers on the way this year as well as zero intrest loans with no payback period. If you purchase and stake thorwallet's utility token TGT you can reduce your fees and earn staking rewards. All of this can be done with thorchain from within thorwallet or from a browser. There are other compatible wallets as well. By purchasing Thorchain's native token RUNE you can benifit from it's price appreciation as the liquidity pools and savers vaults fill up. As the dollar amounts increase in these pools the node operators are required to increase the amount of RUNE they hold. So the price of RUNE increases as the value of savers vaults increases. Thorwallet requires no KYC also. Nor does THORChain.

Cons

  • THORChain is almost perfect. Thorwallet is a bit slow to load data but the devs are apparently working on an update to make it more responsive.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Company Information

Acala
Founded: 2019
acala.network/

Company Information

THORChain
Founded: 2018
Switzerland
thorchain.org

Alternatives

Alternatives

Injective

Injective

Injective Labs
Karura

Karura

Acala
BNB Smart Chain (BSC)

BNB Smart Chain (BSC)

BNB Chain (Binance)

Categories

Categories

Blockchain Supported

Integrations

Ava Protocol Supported
Binance Not Supported
Blockdaemon Supported
Brokkr Not Supported
Chainlink Supported
Defispot Not Supported
Kwikswap Supported
Li.Finance Not Supported
Liquality Not Supported
Polkadot Supported
Rango Exchange Not Supported
ShapeShift Not Supported
SushiSwap Not Supported
THORSwap Not Supported
THORWallet Not Supported
Telegram Supported
Tres Finance Supported
Uniswap Not Supported

Integrations

Ava Protocol Not Supported
Binance Supported
Blockdaemon Not Supported
Brokkr Supported
Chainlink Not Supported
Defispot Supported
Kwikswap Not Supported
Li.Finance Supported
Liquality Supported
Polkadot Not Supported
Rango Exchange Supported
ShapeShift Supported
SushiSwap Supported
THORSwap Supported
THORWallet Supported
Telegram Not Supported
Tres Finance Not Supported
Uniswap Supported
Claim Acala and update features and information
Claim Acala and update features and information
Claim THORChain and update features and information
Claim THORChain and update features and information